tax credit syndicator low income housing tax credits community development — Our Mission:
As trusted partners, we deliver vital financial resources and support while collaborating with local organizations dedicated to social impact, ensuring the creation of affordable homes in vibrant neighborhoods where everyone can thrive.

**Our Vision:** We envision a future where everyone succeeds in communities anchored by affordable homes, healthy neighborhoods, and economic security.

What We Do

For over three decades, we have connected developers, investors, and communities with the mission to build affordable housing and revitalize historic properties in order to create thriving neighborhoods that benefit all residents. Our hands-on approach and extensive experience in every facet of community building helps us bring the right people together in order to drive change.

Community Driven Development

For over 30 years, we have worked hand-in-hand with local partners, helping them navigate the complex development process so that they can build on relationships in the communities in which they serve.

Mission Focused Investor Partnerships

We strive for our funds to have a real, positive impact for both our investors and the residents of the communities in which we invest.

Giving Back through Community Support

Community is at the core of what we do. Beyond the financial role we play, we are committed to ensuring everyone in our region not only has access to quality affordable housing, but also to services, programs, and amenities that enhance their quality of life.

Our History

Since 1990, we have served communities by adding value through the development, funding and management of affordable housing and community revitalization projects. We have worked with LIHTC projects from the beginning and were the first manager of tax credit equity funds in Virginia. Many things have changed over the decades, but not our passion and commitment to creating vibrant communities where residents thrive.

1986

The Federal Low Income Housing Tax Credit Program was enacted

1990

VCDC was founded, making us the first manager of tax credit equity funds in Virginia.

1992

Closed on our first LIHTC community, Monticello Vista Apartments in Charlottesville, VA

2001

Became a certified Community Development Financial Institution

2005

Established first VCDC equity fund outside of Virginia - The Housing Equity Fund of Kentucky

2011

Closed on our first New Market Tax Credit partnership - Center in Square in Roanoke, VA

2015

Inaugural class of the Mission Elevation program

Present

We have made over $726,000,000 in equity investments in over 242 communities

Meet Our Passionate Team

Raven Bates, Director of Administration & Communication

I can help nonprofits learn about the Mission Elevation program and Vern Henley Special Initiatives Grant in addition to answering questions related to VCDC public relations and marketing.
Email or (804) 482-6232
Steve Bleile, Director of Project Development

I can help with understanding the ins and outs of tax credit development, VCDC development pipeline questions and connecting you to the right development team member.
Email or (804) 482-6231
Deborah Bryant, Asset Manager

I can help property managers in the VCDC portfolio navigate lease-up and the tax credit compliance processes and assist properties in quarterly financial reporting.
Certifications: ARM, COS
Email or (804) 482-5389
Alexsa Davis, Asset Manager

I can help property managers in the VCDC portfolio navigate lease-up and the tax credit compliance processes and assist properties in quarterly financial reporting.
Email or (804) 482-6238
Laura N. Dupuy, Loan Fund Director

I can help developers learn more about VCDC's Historic and New Market Tax Credits services an our CDFI loan fund.
Email or (804) 297-3995
Molly Dye, Research & Writing Coordinator

I help build internal organization capacity and enhance community and partner engagement through marketing and communication campaigns.
Email or (804) 482-6230
Elijah Kaiss, VCDF Portfolio Manager

I can help answer questions about our CDFI Loan Fund Portfolio, New Markets Tax Credit Program and Technical Assistance program.
Email or 804-297-3162
Kelsey McMahon, Equity Fund Analyst

I can help with learning more about how our equity funds operate.
Email or (804) 482-5386
Jeffrey Michael Meyer, Senior Development Officer

I can help you learn more about how our team can assist and partner with Housing Authorities and HUD programs and offer consultation on how the LIHTC or Historic Tax Credit Program to build your community.
Email
ShaDawn Moody-Elizondo, Asset Manager

I can help property managers in the VCDC portfolio navigate lease-up and the tax credit compliance processes and assist properties in quarterly financial reporting.
Certifications: COS
Email or (804) 482-6237
Robert L. "Bob" Newman, President & CEO

I can help with developing new and existing partnerships, VCDC business development and equity fundraising.
Email or (804) 482-5387
Deja Olds, Office Coordinator

I can help answer questions about VCDC events, office management and board relations, in addition to helping build internal VCDC capacity.
Email or 804-482-6073
Russ Parrish, Chief Financial Officer

I can help with finance and accounting, insurance and human resources inquiries.
Email or (804) 482-6070
Alicia Peel, Development Coordinator

I can help answer questions about tax credit development, the VCDC development pipeline, and connecting you to the right development team member.
Email or (804) 482-6227
H. Bernard Rogers, Director of Equity Funds & Investor Relations

I can help with learning more about how our equity funds operate, current and prospective investor inquiries and sharing the benefits and impact of joining the VCDC equity funds.
Email or (804) 297-3005
McKenson Smart, Accountant

I can help with vendor payables and accounting questions.
Certifications: Notary Public
Email or (804) 482-6071
Nannette “Nan” Orsini Spear, Director of Data Science & Business Systems

I can help our partners with performance metrics of the VCDC portfolio, quarterly reporting and assist investment partners in accessing the Investor Portal.
Email or (804) 482-6235
Chris Sterling, Vice President & COO

I can help you learn more about VCDC's development pipeline, asset management portfolio and equity fund management.
Email or (804) 482-5388
Angela Taylor, Director of Asset Management

I can help with understanding the ins and outs of LIHTC compliance requirements, VCDC portfolio performance questions, connecting you to the right asset management team member.
Certifications: HCCP, AHM, COS-HCV, FHC
Email or (804) 482-6075
Jen Wickham, Senior Development Officer

I can help first time developers learn more about the LIHTC and how VCDC can make an impact through partnerships in rural communities.
Email or (804) 482-6072